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Indonesia lifts ban on its coal exports

  Bloomberg The Indonesian government has lifted a ban on coal exports, ending uncertainty that sent the price of the fuel to this year’s highest level. The ban was lifted on improving supply for local power plants, according to a statement published by Energy and Mineral Resources Ministry on its website on Tuesday. Coal exporters that have met the domestic ...

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Has Johnson just given Labour its big chance?

There is an old saying in British politics that oppositions don’t win elections, governments lose them. It’s lucky for Boris Johnson there’s no general election any time soon; Keir Starmer’s Labour Party would be an easy front-runner were a contest held today. The prime minister seems to be hanging on for now. But months of rolling revelations and what now ...

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Deutsche Bank’s recovery is impressive

When hiking in hills, like those around Frankfurt, you might crest a peak only to see another higher one beyond. This is where Deutsche Bank Chief Executive Officer Christian Sewing finds himself today. The German lender quadrupled profit to 2.4 billion euros ($2.7 billion) in 2021 versus 2020, recording its best result in a decade — a praiseworthy achievement given ...

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